The Kowloon Motor Bus Holdings Limited

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THE KOWLOON MOTOR BUS HOLDINGS LIMITED (incorporated in Bermuda with limited liability) (Stock Code: 062) RESIGNATION OF DIRECTOR The Board of Directors (the “Board”) of The Kowloon Motor Bus Holdings Limited (the “Company”) announces that due to personal reasons, Mr. Rafael Hui, GBS, JP has resigned as Director of the Company and of its subsidiary companies, The Kowloon Motor Bus Company (1933) Limited and Long Win Bus Company Limited, with effect from 1 May 2005. The Board would like to take this opportunity to thank Mr. Hui for his invaluable contribution to the Company during his service with the Company. The Board is not aware of any other matters relating to the resignation of Mr. Hui that need to be brought to the attention of the shareholders of the Company. By order of the Board Lana Woo Company Secretary Hong Kong, 3 May 2005 As at the date of this announcement, the Board is comprised of The Hon. Sir Sze-yuen CHUNG, GBM, GBE, JP as Chairman and Independent Non-executive Director; Dr. Norman LEUNG Nai Pang, GBS, JP as Deputy Chairman; Dr. KUNG Ziang Mien, James, GBS, OBE (with Mr. KUNG Lin Cheng, Leo as alternate), Dr. Eric LI Ka Cheung, GBS, OBE, JP and Mr. SIU Kwing-chue, Gordon, GBS, CBE, JP as Independent Non-executive Directors; Mr. YU Shu Chuen as Honorary Executive Director; Mr. John CHAN Cho Chak, GBS, JP as Managing Director; Mr. Charles LUI Chung Yuen, M.H., Ms. Winnie NG, Mr. LUI Pochiu and Mr. Edmond HO Tat Man as Executive Directors; Mr. KWOK Ping-luen, Raymond, Mr. KWOK Ping-sheung, Walter, JP (with Ms. Susanna LAU Shung Oi as alternate), Mr. NG Siu Chan, Mr. William LOUEY Lai Kuen and Mr. George CHIEN Yuan Hwei as Directors..

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Contributing to the Growth of Hong Kong for Years
Transport International Holdings Limited CONTRIBUTING TO THE GROWTH OF HONG KONG FOR 80 YEARS Transport International Holdings Limited 9 Po Lun Street, Lai Chi Kok, Kowloon, Hong Kong Telephone : (852) 2786 8888 Facsimile : (852) 2745 0300 www.tih.hk Stock Code: 62 Concept and design by YELLOW CREATIVE (HK) LIMITED 2012 Annual Report The FSCTM logo identifies products which contain wood from well-managed forests certified in accordance with the rules of the Forest Stewardship Council. Transport International Holdings Limited 2012 Annual Report TIH_Eng.indb 2 13年4月17日下午4:10 Corporate Directory BOARD OF DIRECTORS BOARD COMMITTEES Bermuda Dr Norman LEUNG Nai Pang^ Audit Committee Butterfield Fulcrum Group GBS, JP, LLD, BA Dr Eric LI Ka Cheung (Bermuda) Limited Chairman CONTRIBUTING TO SIU Kwing-chue, Gordon 26 Burnaby Street Hamilton HM 11 Dr John CHAN Cho Chak^ John Anthony MILLER THE GROWTH OF HONG KONG GBS, JP, DBA(Hon), DSocSc(Hon), Bermuda BA, DipMS, CCMI, FCILT, FHKIoD Nomination Committee Deputy Chairman REGISTER OF MEMBERS Dr John CHAN Cho Chak FOR YEARS Book closure for 2013 AGM: KWOK Ping-luen, Raymond# Dr Eric LI Ka Cheung 16 May 2013 to 23 May 2013 80 JP, MA(Cantab), MBA, Hon DBA, Hon LLD SIU Kwing-chue, Gordon (both dates inclusive) Dr KWOK Ping-sheung, Walter# Remuneration Committee JP, D.Sc., MSc(Lond), DIC, MICE Book closure for 2012 final dividend: Dr John CHAN Cho Chak 29 May 2013 NG Siu Chan# Dr Eric LI Ka Cheung Professor LIU Pak-wai DIVIDENDS 1933 William LOUEY Lai Kuen# BSc(Econ) Standing Committee Interim HK$0.15
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Chapter 5: Getting Around Hong Kong
Chapter 5: Getting Around Hong Kong The Road Crossing Code It is safer to cross the road using footbridges, subways, “Zebra” crossings or “Green man” crossings. If you cannot find any such crossing facilities nearby, there are some basic steps for crossing roads that you need to observe: 1. Find a safe place where you can see clearly along the roads in all directions for any approaching traffic. 2. When checking traffic, stop a little way back from the kerb where you will be away from traffic. 3. Look all around for traffic and listen. However, electric/hybrid vehicles including motorcycles may operate very quietly. You need to look out for them in addition to listening. If traffic is coming, let it pass. Look all around and listen again. 4. Let the drivers know your intention to cross but do not expect a driver to slow down for you. 5. Do not cross unless you are certain there is plenty of time. Walk straight across the road when there is no traffic near. 6. Keep looking and listening for vehicles that come into sight or come near while you cross. 7. Do not carry out any other activities, such as eating, drinking, playing mobile games,using mobile phones, listening to any audio device or talking while crossing the road. Give all your attention to the traffic. Using crossing facilities Crossing aids are often provided to help you cross busy roads. Footbridges and subways: Footbridges, subways and elevated walkways are the safest places to cross busy roads as they keep pedestrians well away from the dangers of traffic.
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Senior Management
SENIOR MANAGEMENT Edmond HO Tat Man MA(Cantab), MBA, CMILT, MHKIoD Aged 47. Managing Director of Transport International Holdings Limited, The Kowloon Motor Bus Company (1933) Limited and Long Win Bus Company Limited. Also Managing Director of KMB (China) Holdings Limited and a Director of RoadShow Holdings Limited. Brief biography of Mr Ho is set out on page 125 of this Annual Report. Charles LUI Chung Yuen M.H., BEc, AASA, FCILT Aged 74. Executive Director of Transport International Holdings Limited. Director of The Kowloon Motor Bus Company (1933) Limited and Long Win Bus Company Limited. Also Chairman of KMB (China) Holdings Limited. Brief biography of Mr Lui is set out on page 123 of this Annual Report. William HO Sai Kei BBA, MBA, CA(Canada), FCPA, MHKIoD Aged 41. Finance and Administration Director of The Kowloon Motor Bus Company (1933) Limited (“KMB”). Before joining KMB in 2003, Mr Ho held senior finance positions in two groups of companies listed on The Stock Exchange of Hong Kong Limited. He also has over nine years of experience in public accounting in Canada and Hong Kong. James Conrad LOUEY BSc Aged 44. Commercial Director of The Kowloon Motor Bus Company (1933) Limited (“KMB”). Mr Louey joined KMB in 1990 and was appointed Head of Human Resources Department in 1993. He was promoted to Commercial Director in March 2006. On community service, Mr Louey is currently a member of the Ninth and the Tenth Session Henan provincial committee of the Chinese People’s Political Consultative Conference. Tim IP Chung Tim BSocSc, MSc, DIC, CMILT Aged 55.
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Paper on Fare Increase Applications by Kowloon Motor Bus Company
立法會 Legislative Council LC Paper No. CB(4)519/18-19(05) Ref. : CB4/PL/TP Panel on Transport Meeting on 15 February 2019 Background brief on fare increase applications by Kowloon Motor Bus Company (1933) Limited and Long Win Bus Company Limited Purpose This paper provides updated background information on the fare adjustment arrangement ("FAA") for franchised buses and summarizes the discussions of members of the Panel on Transport ("the Panel") on FAA and previous fare increase applications from Kowloon Motor Bus Company (1933) Limited ("KMB") and Long Win Bus Company Limited ("LWB"). Background Information 2. KMB and LWB last increased their fares by an average rate of 3.9% and 3.2% in 2014 and 2011 respectively. Fare Adjustment Arrangement for franchised buses 3. Under Section 13(1) of the Public Bus Services Ordinance (Cap. 230) ("PBSO"), fares of franchised bus services are to be charged according to a scale of bus fares determined by the Chief Executive-in-Council ("CE-in-Council"). The Administration would take into account a basket of factors known as the Modified Basket of Factors approach in assessing bus fare adjustment for the purpose of making recommendations to CE-in-Council. 4. Under the current FAA for franchised buses, the Administration should take into account the following factors in assessing a bus fare increase application – (a) changes in operating costs and revenue since the last fare adjustment; - 2 - (b) forecasts of future costs, revenue and return; (c) the need to provide the operator with a reasonable rate
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Technical Tour
Technical Tour 14 December 2010 (Tuesday) Tour A Western Harbour Tunnel Company Limited The Western Harbour Tunnel (WHT) is the first dual three-lane harbour tunnel built in Hong Kong, and in South East Asia. WHT directly links expressways and road networks on both sides of the harbour. WHT also links the Northwestern New Territories and, via Lok Ma Chau, connects to many superhighways in *XDQJGRQJ:KHQ:+7RSHQHGIRUSXEOLFWUDI¿FRQ$SULOLWKDVEHJXQDQHZHUDLQ+RQJ.RQJ V WUDQVSRUWDWLRQKLVWRU\1RWRQO\GRHV:+7UHGXFHFURVVKDUERXUWUDI¿FFRQJHVWLRQLWDOVRVWDQGVRXWDVWKH largest single transportation project in Hong Kong ever undertaken by the private sector. Quota: SHUVRQV ¿UVWFRPH¿UVWVHUYHGEDVLV Timetable 09:30 - 10:30 Assemble at the Mody Road Garden next to the InterContinental Grand Stanford Hong Kong (see the location of Mody Road Garden on page 24). Shuttle bus departs at 09:45. 10:30 – 10:35 Greetings by representatives of Western Harbour Tunnel Company Limited 10:35 – 10:55 Corporate Video on the Western Harbour Tunnel Project 10:55 – 11:15 Introduction to Tunnel Model 11:15 – 11:30 Tour of Central Control Room 11:30 – 12:30 End of Visit. Shuttle bus departs at 11:45 am to The Hong Kong Polytechnic University 12:30 – 13:30 Light Lunch in The Hong Kong Polytechnic University Programme of the 15th HKSTS International Conference I Transportation and Urban Substainability Technical Tour 14 December 2010 (Tuesday) Tour B MTR Corporation - Operations Control Centre (OCC) MTR Corporation is regarded as one of the world’s leading railways for safety, reliability, customer service and FRVWHI¿FLHQF\7KH075QHWZRUNFRPSULVHVQLQHKHDY\UDLOFRPPXWHUOLQHVWKH/LJKW5DLOV\VWHPLQWKH1HZ Territories and the Airport Express which serves passengers to and from Hong Kong International Airport and WKH$VLD:RUOG([SR,WSURYLGHVIDVWUHOLDEOHDQGHI¿FLHQWVHUYLFHVWRSDVVHQJHUVWUDYHOOLQJWKURXJKRXW+RQJ Kong Island, Kowloon, the New Territories and across the boundary into the Mainland of China at competitive fares.
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(1933) Ltd (“KMB”) Join Hands to Launch the First 5G Bus
SmarTone x KMB take the lead to introduce 5G Bus Give passengers an ultra-fast 5G internet experience (Hong Kong, 12 August 2021) SmarTone and The Kowloon Motor Bus Co. (1933) Ltd (“KMB”) join hands to launch the first 5G Bus. By connecting to the SmarTone 5G network, passengers can enjoy ultra-fast 5G internet services in the bus compartment. Starting today, KMB, as the first franchised bus company delivering SmarTone 5G services, launches free 5G Wi-Fi service in 20 buses, serving ten urban and rural routes. During the experience period, passengers can use 5G Wi-Fi services for free in 30-minute sessions, elevating their travelling experience with an ultra-fast, stable and smooth 5G network. Unlimited log-in sessions are available. The SmarTone 5G network is approaching full Hong Kong coverage. These 5G buses mainly serve the routes travelling in busy city corridors, such as Routes 1, 87D and 603, and allow passengers to experience a stable internet network, even if with high network traffic. What’s more, the SmarTone 5G network has also attained coverage on popular hiking trails and in country parks. To let passengers experience SmarTone’s ultra-fast 5G network in rural areas, KMB also deploys 5G buses on “R” Routes, serving outdoor hotspots during holidays. 5G service will be available on Routes P960 [Siu Hong Station (North) ⇌ Wan Chai (North)] and P968 [Yuen Long (West) ⇌ Tin Hau], the new long-haul bus services, later. KMB has always kept a close eye on market development. The bus company introduced new technology into bus operation and enhancement of passengers’ travelling experience.
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Bus Service Adjustment to Cope with the Road Closure of Hong Kong Marathon 2019
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Franchise for Airport and North Lantau Bus Network), Long Win Bus Company Limited and New World First Bus Services Limited
Franchises of Citybus Limited (Franchise for Airport and North Lantau Bus Network), Long Win Bus Company Limited and New World First Bus Services Limited PURPOSE The Government plans to engage Citybus Limited (Franchise for the Airport and North Lantau bus network) (“Citybus (Franchise 2)”), Long Win Bus Company Limited (“LW”) and New World First Bus Services Limited (“NWFB”) for discussion on the granting of new ten-year franchises upon expiry of the current ones. Members of the public are welcome to offer views on the requirements of the new franchises. BACKGROUND 2. At present, there are five franchised bus companies operating six bus franchises1 in Hong Kong. The current franchises of Citybus (Franchise 2) and LW commenced on 1 May 2013 and will expire on 1 May 2023. NWFB’s current franchise commenced on 1 July 2013 and will expire on 1 July 2023. The three franchisees have indicated interests to apply for new ten-year franchises and for them to take effect immediately upon expiry of the current ones. 3. Under section 5 of the Public Bus Services Ordinance (“the Ordinance”) (Cap. 230), the Chief Executive in Council may grant to a company a franchise conferring the right to operate a public bus service. Under section 6 of the Ordinance, a franchise may be granted for a period not exceeding ten years2. Section 12 of the Ordinance prescribes that a franchisee is required to maintain a proper and efficient public bus service to the satisfaction of the Commissioner for Transport at all times during the franchise period. 4. According to the established practice, an incumbent operator which is able to prove its ability to provide a proper and efficient service, and is willing to further invest in franchised bus operation may be considered for being granted a new franchise for a period of ten years.
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Connecting a Thriving City Transport International Holdings Limited 2018 Annual Report Connecting a Thriving City
Transport International Holdings Limited Holdings International Transport 2018 Annual Report 2018 Annual Report Connecting a Thriving City Transport International Holdings Limited 2018 Annual Report Connecting a Thriving City As the leading road-based public transport operator in Hong Kong, Transport International Holdings Limited connects the city day and night. With the introduction of the innovative Monthly Pass and the KMB Fare Saver, getting about is now more efficient, flexible and affordable than ever. As connections within Hong Kong and beyond reach new heights with the opening of cross-boundary infrastructure, Transport International Holdings Limited is leveraging these opportunities to keep the city thriving. Contents Group Profile 2 Business at a Glance 4 Key Franchised Bus Network in Hong Kong 6 Financial and Operational Highlights 8 Corporate Milestones 2018 10 Chairman’s Letter 12 Managing Director’s Message 16 Management Discussion and Analysis 18 Business Review Hong Kong Franchised Public Bus Operations 20 Hong Kong Non-franchised Transport Operations 30 China Mainland Transport Operations 34 Property Holdings and Development 36 Sustainability Report Safety First 42 Care for Customers 48 Care for the Environment 52 Care for Employees 56 Engaging Stakeholders 62 Financial Review 72 Corporate Governance Report 86 Remuneration Report 104 Directors’ Profiles 108 Key Corporate Executives 115 Financial Reports 116 Financial Summary 228 Corporate Directory 229 2018 Annual Report 1 Group Profile Transport International Transport International Holdings Limited (“TIH”, SEHK: 62), a leading public transport operator in Hong Kong and China Mainland, is the holding company of The Kowloon Motor Bus Company (1933) Limited, Long Win Bus Company Limited and a number of non-franchised transport providers.
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Directors' Profile
66 66 Directors’ Profiles and Senior Executives The Hon Sir Sze-yuen CHUNG* GBM, GBE, PhD, FREng, JP 2002 Annual Report 2002 Chairman, aged 85. Appointed Chairman and Non-Executive Director of The Kowloon Motor Bus Holdings Limited, The Kowloon Motor Bus Company (1933) Limited and Long Win Bus Company Limited since 12 August 1999. He is also Director of CLP Holdings Limited, Sun Hung Kai Properties Limited and Wheelock & Company Limited; and Pro-Chancellor of the Hong Kong University of Directors’ Profiles and Senior Executives and Senior Profiles Directors’ Science & Technology. He has contributed significantly in Hong Kong’s political, industrial and tertiary education fields for over four decades. He was Senior Member of Hong Kong Legislative Council (1974-78), Executive Council (1980-88), and again Convenor of HKSAR Executive Council 2002 Annual Report Annual Report 2002 (1997-99). He was Chairman of Federation of Hong Kong Industries (1966-70), and Hong Kong Productivity Council (1974-78); and President of Engineering Society of Hong Kong (1960-61) and Hong Kong Academy of Engineering Sciences (1994-97). He established Hong Kong Polytechnic in 1972, City Polytechnic in 1984, Hong Kong University of Science & Technology in 1991 and Hospital Authority in 1990. He was deeply involved in the Sino-British Negotiation on Hong Kong’s future (1982-85) and the establishment of the Hong Kong Special Administrative Region (1994-97). Norman LEUNG Nai Pang GBS, JP, BA Deputy Chairman, aged 62. Director of The Kowloon Motor Bus Holdings Limited (“the Company”), The Kowloon Motor Bus Company (1933) Limited (“KMB”) and Long Win Bus Company Limited (“LWB”) since 18 March 2000.
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The Group's Innovations
The Group’s Innovations The TIH Group has a long and distinguished track record of industry-leading innovations. Ever since the founding of The Kowloon Motor Bus Company (1933) Limited (”KMB”), we have innovated to enhance safety, efficiency and customer satisfaction. Our innovations have also aimed at the evolving needs of the society where we operate and the preservation and improvement of the environment in which we live and work. The following list of innovations highlights the major items that we implemented for different aspects of our operations over the last decade. Business and Operations u Revolutionary Diesel-electric Hybrid Bus u In 2003, Park Island Transport Company Limited Bus Stop Pole introduced three diesel-electric hybrid air-conditioned single-deck buses, the first of their kind in Hong Kong, Advertising for its shuttle bus service on Ma Wan Island. Powered by In 2006, KMB began to the rechargeable batteries and the small diesel engines, make use of its bus stop these environment-friendly buses can achieve ultra low emission level. poles as a new form of advertising media for earning additional advertising income. This initiative has been well received by advertisers and by the end of 2006, there were 610 bus stop poles posted with advertisements. u ISO 9001 and 14001 Certifications KMB became the first public bus company and the fourth corporate entity in Hong Kong to obtain ISO 9001 certification on a company-wide basis in 1999. KMB was also the first public bus company to obtain the ISO 14001:1996 Environmental Management System certification for its depots.
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載通國際控股有限公司)* (Incorporated in Bermuda with Limited Liability) (Stock Code: 62)
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. TRANSPORT INTERNATIONAL HOLDINGS LIMITED (載通國際控股有限公司)* (Incorporated in Bermuda with limited liability) (Stock Code: 62) DISCLOSEABLE TRANSACTION IN RELATION TO CONTRACTS WITH ADL ASIA KMB, a wholly-owned subsidiary of the Company, entered into the Retrofit Contract with ADL Asia on 23 October 2020 for retrofitting of seatbelted seats on the upper deck of eligible buses at the total consideration of approximately HKD121.2 million. As one or more of the applicable percentage ratios in respect of the transactions contemplated under the Retrofit Contract and the Previous Contracts, on an aggregate basis, exceed 5% but are less than 25%, such transactions constitute a discloseable transaction of the Company and is therefore subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules. THE RETROFIT CONTRACT AND THE PREVIOUS CONTRACTS The Company announces that on 23 October 2020, KMB, a wholly-owned subsidiary of the Company, entered into the Retrofit Contract with ADL Asia for acquiring and retrofitting seatbelted seats on the upper deck of approximately 790 units of eligible buses at the total consideration of approximately HKD121.2 million, which was arrived at through tender selection. As at the date of this announcement, KMB and LWB, both wholly-owned subsidiaries of the Company, have entered into the Previous Contracts with ADL Asia for an aggregate consideration of approximately GBP 28.9 million, details of which are set out below:- Date of Subject matter and consideration contract 1.
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